It's time to invest in you
Do you ever feel overwhelmed with money and investment choices?
Do you feel more comfortable talking about relationships, shopping and parenting than to talk about money?
Do you want to achieve that feeling of financial well-being but don’t know how?
In today's world it is more important than ever for us as women, to achieve financial wellness. Many of us are sole earners, single mothers, or primary breadwinners. Although we are earning more money than our mother or grandmothers, we are still paid less nearly in every single occupation and industry when compared to our white male counterparts. On average, women earn 20% less than White men.
And if you are Black and a woman, you earn 40% less.
But, the silver lining here is that we women are good with money. I mean really good. With the right knowledge, tools and support, we can confidently grow our wealth to secure our futures.
That’s why we are building the App.
Women are more likely to talk about things like dating, relationships, shopping or parenting then we are to talk about the money. We don't want to be judged. We think other people are doing better with their money. We don’t know much about it as it wasn’t taught in school. We were not told about it when we were growing up.
But girl, you are fierce!
You have it within you to improve your relationship with money and create a plan to pay off your debt and build real wealth through investing. We want you to live on your own terms, build your confidence and achieve financial wellness.
The App is designed to give you a safe space to talk about money, put the knowledge into action and give you feedback to accomplish your financial goals.
Discover your confidence.
The Insight Center for Community Economic Development’s report entitled Lifting as We Climb Women of Color, Wealth, and America’s Future states that Black women have a median wealth of $100 and Hispanic women $120 respectively, while their same-race male counterparts have $7,900 and $9,730. The median wealth of white women is $41,500.
To put it another way, Black and Hispanic women have one penny of wealth for every dollar of wealth owned by their male counterparts and a tiny fraction of a penny for every dollar of wealth owned by white women.